During the month of March, Crypto (+18.27%) and Indices (+5.55%) were this month’s top performers. The bottom performers were Energy (-4.87%) and Softs (-2.66%). March began the same way February ended, below par. Despite the downfall of Silicon Valley Bank, the Fed announced they plan on slowing rate hikes causing many of the major markets to rally. Indices had a much-needed bounce back, ending the month up +5.55%. As March marks the end of first quarter, some investors will be shifting their attention away from Basketball and back to the markets.
Sector & Index Performance Consists of the following:
Grains: Corn, Soybean Meal, Oats, Soybeans, Soybean Oil, Wheat, Rough Rice. Livestock: Live Cattle, Feeder Cattle, Lean Hogs. Softs: Cocoa, Orange Juice, Sugar No. 11, Random Length Lumber, Coffee, Cotton No. 2. Currencies: Euro Currency, Japanese Yen, British Pound, Canadian Dollar, Swiss Franc, US Dollar, Brazilian Real, Mexican Peso, Australian dollar. Indices: S&P 500, Mini Dow, Mini Nasdaq. Interest Rates: 30-year t-bond, 10-year t-note, 5-year t-note, Eurodollars. Metals: Gold, Silver, Copper, Platinum, Palladium. Energy: Crude Oil, Reformulated Gas, Natural Gas, Heating Oil, Denatured Fuel Ethanol. Crypto: Bitcoin and Ethereum. S&P 500 Index – All data collected from investing.com. S&P GSCI Index – data collected from us.spindices.com/indices/commodities/sp-gsci.